Foodservice Equipment Reports

ONEIDA ACQUIRED BY ANCHOR HOCKING PARENT

Oneida Ltd., one of the country’s oldest tabletop manufacturers and parent of Oneida Foodservice, has been acquired by Monomoy Capital Partners. The New York-based equity firm is the parent company of glassware manufacturer Anchor Hocking Corp.

The acquisition was announced Nov. 2; terms of the transaction were not disclosed. Oneida’s new sister company, Anchor Hocking, manufactures products including glass beverageware, bakeware, storage containers and barware. It is based in Lancaster, Ohio.

“This is a unique opportunity,” said Jim Joseph, Oneida’s president and CEO. “The resources of both Oneida and Anchor Hocking and our unrivaled relationships in the consumer and foodservice space will provide both companies with significant opportunities for continued growth over the next few years.”

Related Articles

Oneida Acquired By Anchor Hocking Parent

Oneida, Anchor Hocking Merge Under EveryWare Global

Exclusive Interview: Oneida Group CEO Patrick Lockwood-Taylor Discusses Strategies Of The Company And Brands